Stock futures and market slip as earnings and Fed news weigh on investors.

US stock futures slipped, with the tech sector underperforming, ahead of another flurry of corporate earnings, including Morgan Stanley, Tesla, and IBM. Bond yields were higher after Britain’s inflation rate slowed last month. Netflix sank more than 10% after posting mixed results as it pulled back on its crackdown for password sharing. Meanwhile, US Bancorp posted higher revenue for the first quarter on the back of rising interest rates and its acquisition of MUFG Union Bank.